Huawei Technologies Co. plans to overhaul its global software systems in response to growing fears in Europe that the Chinese company’s wireless equipment is vulnerable to snooping and hacking, according to people familiar with the matter.

Company officials will present the details of the software revamp to the British government’s National Cyber Security Centre in coming days before it presents it to the public, said one of the people.

"Huawei $2 billion security pledge followed walkout by British official

LONDON (Reuters) - Huawei’s relations with British authorities hit a low last month when a top official walked out of a meeting with the Chinese company over its perceived failure to fix security holes in its products...

Although Huawei responded with a pledge to spend $2 billion on a security overhaul to address the British concerns, tensions between London and the world’s biggest producer of telecoms equipment remain high as it fights U.S.-led allegations of Chinese state spying..."